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GBP/USD: the short squeeze finally came, but the road is

May’s smart political move is an opportunity to get rid of opponents from without and mostly from within, at a perfect timing. She will not be wasting Brexit negotiation time and markets are hopeful for a soft-Brexit pivot after June 8th. BOE Governor Mark Carney may also release a sigh of relief as the stronger pound helps him sit on his hands: there is no need to raise rates. However, doubts about the economy and the impact of Brexit could still hurt.

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Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.